Parashift/Insurance/Application & Underwriting
Insurance · Use-Case

Making application and underwriting dossiers decision-ready.

New applications arrive with an application form, health questionnaire, vehicle registration, credit check, and proof of identity – often ten or more separate documents per dossier. Parashift separates, classifies, and extracts every document in structured form, and hands off a complete underwriting dossier straight to your core system.

VAG · FINMA outsourcing-compliant EU AI Act Art. 6(3) C5 · SOC 2 · ISO 27001
Application dossier · Life & health
ApplicantMeier, Simon
Sum insuredCHF 250,000
Health questionnairecaptured
Dossier complete
6/6
PaxCSS VersicherungOrion
The process today

One dossier, ten documents, one handler.

Application dossiers consist of an application form, health questionnaire, vehicle registration, credit check, and proof of identity, each of which has to be checked and captured individually before the underwriter can make a risk assessment. Manually separating and first-pass-capturing these multi-document dossiers ties up time that should go into the actual risk review.

Document list

What Parashift recognizes in every application dossier.

Every individual document in the dossier is separated, classified, and captured in structured form – ready for the underwriter's risk review.

Application form

ApplicantProductSum insuredDate

Health questionnaire (life & health)

Pre-existing conditionsMedicationBMISignature

Vehicle registration document

Registration no.OwnerVehicle typeFirst registration

Credit / debt collection report

Report dateEntriesCredit rating

Proof of identity (passport/ID)

NameDate of birthDocument no.Validity

Prior insurance / no-claims proof

Prior insurerClaims historyTerm
Process

From application to underwriter.

01 · CAPTURE

Dossier via post, portal, broker

Application dossiers arrive as a single bulk scan or as separate documents across every channel.

02 · SEPARATION & CLASSIFICATION

Every document in the dossier

Document AI automatically splits bulk scans and assigns each document to its type.

03 · EXTRACTION

Risk-relevant fields

All credit, health, and identity-relevant data is captured in structured form.

04 · HAND-OFF

Core system & underwriter

The underwriter receives a complete, validated dossier for the risk decision.

Target systems

Integrates with your application and core systems.

Low-code connection via documented REST APIs, without replacing existing infrastructure.

GuidewireAdcubumSAPmsg.GlobalInsiders SolutionIn-house builds

Compliance:

VAG outsourcing requirements (FINMA) DORA, in force since Jan 17, 2025 EU AI Act Art. 6(3) (ancillary procedural task) C5 · SOC 2 · ISO 27001
Impact

What changes for your underwriting team.

90%

less manual first-pass capture per application dossier

1 day

to a productive pilot in your underwriting team

One use case among many for insurance.

Claims processing, claims settlement, and broker correspondence follow the same principle: read, validate, hand off to the core system.

All use cases for insurance →

Make application dossiers decision-ready, automatically.

Book a free 30-minute briefing: we'll show you how a complete application dossier is processed using real sample documents.

Reply the same business day · no sales pressure